Frontier (NASDAQ: FTR) has bought its way into being a player (albeit a minor one) in the cable and internet spaces.
The company still has a fraction of the subscribers that the big boys do, but spending $10.54 billion to buy Verizon‘s (NYSE: VZ) wireline business in California, Texas, and Florida (CTF) at least got it a place at the table. That purchase effectively doubled the size of the company, adding approximately 3.3 million voice connections, 2.1 million broadband customers, and 1.2 million FiOS video subscribers.